logo
logo
Sign in

Global IT Services Market Production by Application Production, value, CAGR, 2018-2029

avatar
Tina Ning
Global IT Services Market Production by Application Production, value, CAGR, 2018-2029

IT services refers to the application of business and technical expertise to enable organizations in the creation, management and optimization of or access to information and business processes.

The IT services market can be segmented by the type of skills that are employed to deliver the service (design, build, run). There are also different categories of service: business process services, application services and infrastructure services.

If these services are outsourced, they are referred to as business process outsourcing (BPO), applications outsourcing (AO) and infrastructure outsourcing.

According to our (Global Info Research) latest study, the global IT Services market size was valued at USD 1069430 million in 2022 and is forecast to a readjusted size of USD 1400080 million by 2029 with a CAGR of 3.9% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

The broader market for IT services is made up of several segments including outsourcing, managed services, security services, data management, and cloud computing. In this report, the market is segmented into Cloud Services (IT Outsourcing, Implementation, Consulting Services), Software & BPO Services and Hardware Support Services Types.

In 2019, North America dominated the IT services market with a market share of about 37%, followed by APAC and Europe. The strongest growing segment is cloud service segment, with the overall global cloud services market size topping nearly 700 billion U.S. dollars in 2019. Others include hardware Support Services and software and BPO services.

IBM is one of the world’s leading information technology professional and managed service providers worldwide. Some of the other leading IT service providers include Accenture, DXC, Fujitsu, AWS, TCS, etc.

It can be applied to enterprise, financial, government, healthcare & medical, and others.

This report is a detailed and comprehensive analysis for global IT Services market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.

Get Free Sample Report @ https://www.globalinforesearch.com/reports/989852/it-services

This report profiles key players in the global IT Services market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include IBM, Accenture, AWS, Fujitsu and NTT Data, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.

Market segmentation

IT Services market is split by Type and by Application. For the period 2018-2029, the growth among segments provide accurate calculations and forecasts for consumption value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type

Hardware Support Services

Software and BPO Services

Cloud Services

Market segment by Application

Enterprise

Financial

Government

Healthcare & Medical

Others

Market segment by players, this report covers

IBM

Accenture

AWS

Fujitsu

NTT Data

DXC Technology

TCS

Cognizant

Capgemini

Atos

NEC

Infosys

Hitachi

HCL Tech

CGI

Wipro

SAIC

CTSI

BT Group

Chinasoft

Taiji

China Unicom

Teamsun Tech

DCITS

Capita

Xerox

DHC Software

Neusoft

About US

Global Info Research is a report publisher, a customer, interest-based suppliers. Is in the best interests of our clients, they determine our every move. At the same time, we have great respect for the views of customers. With the improvement of the quality of our research, we develop custom interdisciplinary and comprehensive solution. For further development, we will do better and better. GlobalInfoResearch will with excellent professional knowledge and experience to carry out all aspects of our business. At the same time, we will thoroughly look for information, to give a more comprehensive development.

Contact US

Global Info Research

E-mail: [email protected]

Tel: +86-17665052062     00852-58197708(HK)

WeChat: 17665052062

Add:FLAT/RM A 9/F SILVERCORP INTERNATIONAL TOWER 707-713 NATHAN ROAD MONGKOK KL HONG KONG

Website: http://www.globalinforesearch.com

 

 

collect
0
avatar
Tina Ning
guide
Zupyak is the world’s largest content marketing community, with over 400 000 members and 3 million articles. Explore and get your content discovered.
Read more